Who owns precor

Precor opens and begins operations at its new commercial strength manufacturing facility in Guilford County, North Carolina, near Greensboro. Operations move from Valencia, California, to Greensboro.

Home About Precor Precor's history of fitness innovation. Precor is founded by industrial designer David Smith as Precision Corporation. The Amerec Rower is used by the U. Ski Team while training for the World Cup. Precor opens its first international office in the United Kingdom. Precor produces its one millionth piece of fitness equipment.

Precor acquires Pacific Fitness, renowned for its strength equipment. Precor wins Best Treadmill as judged by personal trainers. Precor launches a multi-station home strength line featuring six models. After careful consideration, the company made the decision to consider the divestment process of Precor to enable the brand to reach its full potential with a new owner. After the completion of the transition of ownership, Precor would operate as a business unit within Peloton lead by current Precor Brand President Rob Barker.

With the acquisition, Peloton would establish U. After the closing of the deal in early , there would be transition period during which Amer Sports would continue to support Precor employees through various transitional services aimed to secure business continuity.

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